Meta Discussed Buying Perplexity Before Investing in Scale

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Meta Platforms reportedly explored acquiring AI search startup Perplexity AI before investing heavily in Scale AI. Sources familiar with the matter indicate that Meta engaged in takeover discussions with Perplexity, but the two companies ultimately failed to reach an agreement. The reasons for the failed negotiations and the specific financial terms discussed remain undisclosed. This potential acquisition attempt preceded Meta’s significant investment in Scale AI, highlighting the company’s ongoing interest in expanding its capabilities within the artificial intelligence space, particularly in search technology. Perplexity AI had recently concluded a funding round that valued the company at $14 billion, suggesting the potential acquisition price may have been a sticking point.

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